---
schema_version: "secwatch.filing_event.v1"
accession: "0000789570-26-000013"
form_type: "8-K"
ticker: "MGM"
cik: "0000789570"
company_name: "MGM Resorts International"
filed_at: "2026-02-05T23:59:59+00:00"
generated_at: "2026-05-16T04:41:00.235513+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MGM Q4 net income $294M (+87% YoY), adj EBITDA $635M (+20%); China +30%

## Summary
- Q4 consolidated revenue $4.6B (+6% YoY); net income attributable to MGM $294M vs $157M.
- Consolidated Adjusted EBITDA $635M (+20%); Las Vegas Strip EBITDAR -4% to $735M.
- MGM China revenue $1.2B (+21%), segment EBITDAR $332M (+30%).
- Repurchased 15M shares ($516M) in Q4; 37.5M shares in 2025; $1.6B remaining authorization.
- BetMGM North America distributed $135M to MGM in Q4; full year adjusted EPS $3.31 vs $2.59.

## SEC filing metadata
- accession: 0000789570-26-000013
- form_type: 8-K
- ticker: MGM
- cik: 0000789570
- company_name: MGM Resorts International
- filed_at: 2026-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789570/000078957026000013/0000789570-26-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789570/000078957026000013/mgm-20260205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000789570-26-000013
- JSON: https://secwatch.observer/filing/0000789570-26-000013.json
- Plain text: https://secwatch.observer/filing/0000789570-26-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.